The Israeli “LR Group” company and the Russian Direct Investment Fund (RDIF) will invest $ 100 million in joint projects in the field of dairy cattle-breeding and milk processing in Russia, according to a press release on the fund’s web site.

“The parties are already examining the most promising regional projects” - the report notes. The General Director of the RDIF Kirill Dmitriev noted that the participation of the Israeli partners in agricultural projects will significantly improve the efficiency of domestic agribusiness “due to the use of innovative technologies and the world's best practices”.